Info Edge Subsidiary Jeevansathi Approves ₹10 Crore Investment in Dating Platform Aisle Network

2 min read     Updated on 19 Jan 2026, 04:11 PM
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Overview

Info Edge's subsidiary Jeevansathi has approved a ₹10 crore investment in dating platform operator Aisle Network Private Limited through convertible debentures. Aisle, which runs multiple dating apps and reported ₹39.62 crore turnover in FY25, will use the funds for working capital requirements. The investment will be completed within 30 days and maintains Aisle's status as a step-down wholly owned subsidiary of Info Edge.

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Info Edge (India) Limited has announced a significant investment by its subsidiary in the dating platform business, as Jeevansathi Internet Services Private Limited approved a ₹10 crore investment in Aisle Network Private Limited on January 19, 2026.

Investment Structure and Details

The Board of Directors of Jeevansathi, a wholly owned subsidiary of Info Edge, has agreed to invest approximately ₹10 crores in Aisle Network Private Limited through the acquisition of compulsorily convertible debentures (CCDs). The investment structure includes the following key parameters:

Parameter Details
Investment Amount ₹10 crores
Investment Type 10,00,000 Compulsorily Convertible Debentures
Face Value per CCD ₹100
Completion Timeline Within 30 days from approval
Consideration Type Cash

About Aisle Network Private Limited

Aisle Network Private Limited, incorporated on January 10, 2014, operates multiple dating platforms through its mobile applications including Aisle, Anbe, Arike, Neetho and Jalebi. These platforms enable users to browse profiles with the intent of finding suitable partners. The company's financial performance shows consistent growth over the past three years:

Financial Metrics (₹ in crores) FY25 FY24 FY23
Turnover 39.62 34.80 31.46
Profit After Tax (PAT) (17.80) - -
Net Worth 20.86 - -

Strategic Rationale and Corporate Structure

The investment is being made to meet the working capital requirements of Aisle Network. Following this investment, Aisle will continue to remain a step-down wholly owned subsidiary of Info Edge through Jeevansathi. The transaction is classified as a related party transaction since Info Edge already holds 100% stake in Aisle through its subsidiary Jeevansathi, in accordance with the Companies Act, 2013.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction is being conducted on an arm's length basis, with no additional interest from the promoter, promoter group, or group companies of Info Edge. No governmental or regulatory approvals are required for this acquisition.

Business Impact

This investment reinforces Info Edge's commitment to strengthening its portfolio of digital platforms beyond its core recruitment and real estate businesses. Aisle Network's presence in the dating and matchmaking segment complements Info Edge's existing matrimonial platform Jeevansathi, providing additional growth opportunities in the relationship services market.

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Info Edge Independent Director Mr. Arindam Kumar Bhattacharya Resigns Due to Personal Reasons

1 min read     Updated on 15 Jan 2026, 02:23 PM
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Overview

Info Edge (India) Limited announced the resignation of Independent Director Mr. Arindam Kumar Bhattacharya effective January 15, 2026, due to personal reasons. His departure also ends his membership in the company's Audit Committee and Risk Management Committee. The Board acknowledged his valuable contributions during his tenure, and the company has completed all regulatory disclosure requirements under SEBI regulations.

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Info Edge (India) Limited has announced the resignation of Independent Director Mr. Arindam Kumar Bhattacharya, effective from the close of business hours on January 15, 2026. The resignation was communicated through a letter dated January 15, 2026, received via email at 12:15 PM (IST), citing personal reasons for the decision.

Board Committee Impact

With Mr. Bhattacharya's resignation, he will also cease to be a member of two key board committees:

  • Audit Committee
  • Risk Management Committee

The Board of Directors has placed on record its appreciation for the valuable contribution and guidance provided by Mr. Bhattacharya during his association with the company as an Independent Director.

Regulatory Compliance Details

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key regulatory disclosure information:

Parameter: Details
Reason for Change: Resignation due to personal reasons
Effective Date: Close of business hours on January 15, 2026
Material Reasons: No other material reasons beyond those mentioned
Letter Status: Resignation letter enclosed with regulatory filing

Other Directorships

Mr. Bhattacharya currently holds Independent Director positions in several other listed companies:

  • Bajaj Housing Finance Limited - Independent Director
  • Bajaj Holdings & Investment Limited - Independent Director
  • Bajaj Finance Limited - Independent Director

Committee Positions in Other Listed Companies

His committee memberships across these entities include:

  • Bajaj Housing Finance Limited: Member of Audit Committee and Review Committee for Wilful Defaulter, Chairman of Nomination and Remuneration Committee, Risk Management Committee and IT Strategy Committee
  • Bajaj Holdings & Investment Limited: Member of Audit Committee, Nomination and Remuneration Committee and Risk Management Committee
  • Bajaj Finance Limited: Member of Audit Committee and Stakeholders' Relationship Committee

Confirmation and Documentation

Mr. Bhattacharya has confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. The company has completed all necessary regulatory filings and uploaded the intimation on its website at www.infoedge.in . Company Secretary & Compliance Officer Jaya Bhatia signed the regulatory disclosure on behalf of Info Edge (India) Limited.

Historical Stock Returns for Info Edge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-0.22%-2.19%-5.45%-13.65%+34.53%
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